Board of Directors of Housing Construction Savings Bank of Kazakhstan makes decision to obtain KZT50.0 bn public budget loan

03.04.19 12:57
/KASE, April 3, 2019/ – Housing Construction Savings Bank of Kazakhstan (Almaty, hereinafter, the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), notified KASE of its Board of Directors’ decision dated March 29, 2019: quote To increase Bank’s liabilities by ten or more percent (24.6 % (twenty-four point six percent)) of the Bank’s equity by obtaining public budget loan in the amount of KZT 50,000,000,000 (fifty billion tenge). unquote This information is available (in Kazakh and Russian) at – http://kase.kz/files/emitters/JSBN/jsbn_commitments_290319_6426.pdf [2019-04-03]